United Microelectronics Corporation

Fundamentals8.0
Price Action6.0
News Sentiment7.0
AI Rating
7.0

Key Drivers

  • Robust margins
  • Very high FCF
  • Heavy capex/financing

AI
AI Summary

7.0

UMC is pivoting from a pure-capacity foundry to a hybrid model where differentiated mature nodes and TFLN photonics could re-rate margins and growth if management proves volume yields and hyperscaler/customer commitments—so treat the stock as conditional upside rather than a cyclical value play. Monitor two concrete KPIs over the next 12–18 months: (1) customer-qualified revenue and yield curves for 22nm/TFLN, and (2) measured payback/ROIC on incremental capex; absent those, downward pressure from rising depreciation and heavy capex makes the current valuation vulnerable.

ReRating
ExecutionRisk
CashResilience‍

Price Chart

Loading chart...

Financial Metrics

-
Revenue (TTM)
-
Net Income (TTM)
-
EPS (Q)
-
MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

8.0

Key Financial Insights:

  • Robust margins
  • Very high FCF
  • Heavy capex/financing

UMC delivers robust margins and exceptional free cash flow with low leverage, but heavy capex and financing outflows materially draw down its large cash balance.

StrongFCF
HighCapex

Price Behavior

6.0
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Lower highs
  • Lower lows
  • Near-term support

UMC is in a clear short-term downtrend last month, falling roughly 12% toward a $9.10–$9.30 support area and needing a sustained break above ~$10.50–$10.90 to signal a momentum reversal.

bearish
Support Level: $9.10–$9.30
Resistance Level: $10.40–$10.90

~12% decline from about $10.40 to $9.12 last month indicating accelerating downside

Sentiment & News

7.0

Key News Insights:

  • Modest revenue uptick
  • 6″/8″ wafer scale
  • Jabil supply‑chain tie

UMC posted modest sales growth while launching scaled foundry and supply‑chain partnerships to commercialize HyperLight's TFLN photonics for data‑center interconnects.

UMC
TFLN

The moves support near‑term revenue stability and position UMC to capture longer‑term growth from high‑volume photonics demand in hyperscale AI